--- title: "Ethereum Price Plunges Under $1,800, Leaving Bulls On The Ropes" type: "News" locale: "en" url: "https://longbridge.com/en/news/288656080.md" description: "Ethereum price plunged below $1,800, dropping over 5% and forming a bearish trend with resistance at $1,800. Trading below the 100-hourly SMA and key support levels, ETH faces further downside risks if it fails to reclaim $1,820. Technical indicators like MACD and RSI signal continued bearish momentum. Major support lies near $1,720, while resistance is seen at $1,850." datetime: "2026-06-04T02:38:39.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/288656080.md) - [en](https://longbridge.com/en/news/288656080.md) - [zh-HK](https://longbridge.com/zh-HK/news/288656080.md) generator: "portal-rs" --- # Ethereum Price Plunges Under $1,800, Leaving Bulls On The Ropes *Ethereum price started a fresh decline and traded below $1,800. ETH is now consolidating below $1,800 and might continue to move down.* - Ethereum remained in a bearish zone after a fresh decline below $1,840. - The price is trading below $1,800 and the 100-hourly Simple Moving Average. - There is a bearish trend line forming with resistance at $1,800 on the hourly chart of ETH/USD (data feed via Kraken). - The pair could continue to move down if it stays below the $1,880 zone. **Ethereum Price Dives Over 5%** Ethereum price failed to remain stable above $1,880 and started a fresh decline, like Bitcoin. ETH price dipped below the $1,840 and $1,820 levels. The price even traded below $1,800. A low was formed at $1,716, and the price is now consolidating losses well below the 23.6% Fib retracement level of the downward move from the $1,889 swing high to the $1,716 low. There is also a bearish trend line forming with resistance at $1,800 on the hourly chart of ETH/USD. Ethereum price is now trading below $1,800 and the 100-hourly Simple Moving Average. If the bulls remain in action above $1,720, the price could attempt another increase. Immediate resistance is seen near the $1,780 level. The first key resistance is near the $1,800 level and the 50% Fib retracement level of the downward move from the $1,889 swing high to the $1,716 low. The next major resistance is near the $1,820 level. A clear move above the $1,820 resistance might send the price toward the $1,850 resistance. An upside break above the $1,850 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $1,880 resistance zone or even $1,920 in the near term. **More Losses In ETH?** If Ethereum fails to clear the $1,850 resistance, it could start a fresh decline. Initial support on the downside is near the $1,720 level. The first major support sits near the $1,700 zone. A clear move below the $1,700 support might push the price toward the $1,665 support. Any more losses might send the price toward the $1,640 region. The main support could be $1,620. Technical Indicators Hourly MACD **–** The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI **–** The RSI for ETH/USD is now below the 50 zone. Major Support Level – $1,720 Major Resistance Level – $1,850 ### Related Stocks - [ETHE.US](https://longbridge.com/en/quote/ETHE.US.md) - [CETH.US](https://longbridge.com/en/quote/CETH.US.md) - [ETH.US](https://longbridge.com/en/quote/ETH.US.md) - [ETHV.US](https://longbridge.com/en/quote/ETHV.US.md) - [ETHA.US](https://longbridge.com/en/quote/ETHA.US.md) - [EZET.US](https://longbridge.com/en/quote/EZET.US.md) - [FETH.US](https://longbridge.com/en/quote/FETH.US.md) - [EVMU.US](https://longbridge.com/en/quote/EVMU.US.md) - [ETHW.US](https://longbridge.com/en/quote/ETHW.US.md) - [EETH.US](https://longbridge.com/en/quote/EETH.US.md) - [QETH.US](https://longbridge.com/en/quote/QETH.US.md) ## Related News & Research - [Aligned Launches $ALIGN, the Native Token of Its Full Ethereum Stack](https://longbridge.com/en/news/296619468.md) - [Metis to Hold AI Bootcamp Livestream on August 19th](https://longbridge.com/en/news/296136416.md) - [EX DeFi Announces AI-Driven Digital Asset Infrastructure Platform Supporting BTC, ETH and XRP](https://longbridge.com/en/news/296110726.md) - [SharpLink CEO Warns Against New Ethereum Network Proposal EIP-8363](https://longbridge.com/en/news/295307613.md) - [SEC Opens Comment Period On Cboe 3x Bitcoin And Ethereum ETF Proposal](https://longbridge.com/en/news/296643740.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**